Marijuana

Some consumer trends that emerged in the past year are poised to reward bold investors who purchase a stake in maverick companies.

Rep. John Yarmuth purchased up to $60,000 worth of stock in cannabis producers while at the same time supporting decriminalization of the drug.  

New Jersey Gov. Phil Murphy signs legislation that sets up recreational marijuana marketplace, loosens drug penalties.

Barstool Sports founder Dave Portnoy believes there is opportunity in so-called "sin stocks," telling FOX Business Network's "Making Money with Charles Payne" he’s “heavily involved” in gambling stocks like Penn National, which bought a minority stake in his company last year.

A new push to reform cannabis laws at the federal level would allow the Department of Veterans Affairs to support medical marijuana treatments for vets with post-traumatic stress disorder and other conditions

Canopy Growth Corp. CEO believes the Biden administration is bullish for cannabis profits.

Martha Stewart launched a line of cannabis-infused pet snacks and oils Tuesday.

86 licenses were aproved n nine of the state's 15 counties under provisions of the marijuana legalization measure

The rapper and entrepreneur says he is motivated by an imbalance in the marijuana business.

A state credit union that will provide checking, wire transfers and other banking services for more marijuana companies

The CEO of the National Cannabis Industry Association told FOX Business that Gov. Cuomo’s plan to legalize marijuana for adult recreational use could allow the black market to thrive if taxes are too high.

New York Gov. Andrew Cuomo outlined his plan to legalize marijuana for adult recreational use in his 2021 State of the State Monday, saying that the industry will eventually lead to 60,000 new jobs, $3.5 billion in economic activity, and $300 million in tax revenue. 

Regulators reported more than $1 million in sales in October, more than $1.2 million in November and nearly $2 million in December.

Marijuana stocks are booming this week following the victories of Raphael Warnock and Jon Ossoff in Georgia's Senate election runoffs, which will give Democrats control of the Presidency and both chambers of Congress. 

Aphria Inc. and Tilray Inc. have agreed to merge in a deal that forms the world’s largest cannabis company.

Marijuana companies just scored a smokin’ victory.

An effort to legalize marijuana in New Jersey could include a "social equity" tax to address the disparate effect of anti-drug laws on communities of color.

Big marijuana companies and emerging entrepreneurs are laying the groundwork to set up shop in New Jersey after voters approved a constitutional amendment legalizing the recreational use of cannabis.

Gov. Andrew Cuomo said Thursday that the pressure is on New York state lawmakers to legalize marijuana after voters in neighboring New Jersey approved a referendum this week that lets adults use the drug recreationally.

Shares of marijuana-tied companies were falling sharply on Wednesday, despite voters in several states casting their ballots in favor of legalized marijuana.